[Form 4] EVERSOURCE ENERGY Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eversource Energy Chairman, President and CEO Joseph R. Nolan Jr. reported a bona fide gift of 94,981 common shares. The shares were transferred to an irrevocable trust established for estate planning for his adult children, administered by two independent trustees.
After the transfer, Nolan no longer has the power to vote or dispose of the trust’s securities and is not considered the beneficial owner of those shares for Section 16 purposes. Following this transaction, he directly holds 76,240 common shares, along with 73,713 phantom shares and 25,483 common shares held in the Eversource 401k Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
94,981 shares gifted
Mixed
3 txns
Insider
NOLAN JOSEPH R JR
Role
Chairman of the Bd, Pres & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares, $5.00 par value | 94,981 | $0.00 | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Common Shares, $5.00 par value | -- | -- | -- |
Holdings After Transaction:
Common Shares, $5.00 par value — 76,240 shares (Direct);
Phantom Shares — 73,713 shares (Direct);
Common Shares, $5.00 par value — 25,483 shares (Indirect, 401k Plan)
Footnotes (1)
- This transaction represents a bona fide gift of shares by the Reporting Person to an irrevocable trust established for estate planning purposes for the benefit of the Reporting Person's adult children. The trust is administered by two independent trustees, and the Reporting Person does not retain the power to revoke the trust or to vote or dispose of the securities held by the trust. Accordingly, following the transfer, the Reporting Person does not retain beneficial ownership of the shares for purposes of Section 16. Includes restricted share units and dividend equivalents thereon. Shares held in trust under the Eversource 401k Plan a qualified plan, as of March 5, 2026, according to information supplied by the Plan's record keeper. Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares. Each phantom share represents the right to receive one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11.